Legacy Planning Assistance in the District of Columbia, Maryland and Virginia
Advanced Planning and Benefits Consulting is the preferred company when you need help with legacy planning in the District of Columbia, Maryland and Virginia. We understand the importance of leaving your hard-earned wealth to the people and causes that are important to you in a tax-efficient and legally appropriate manner.
The Importance of Proper Planning
After years of hard work building your wealth, you're now enjoying a comfortable retirement. However, you may be concerned about what happens after your death. Will the hard-earned assets you leave behind continue to be a source of support for your family and friends and contribute to the causes you cherish? Without making the proper arrangements now, your estate and how you intend to have it distributed may not happen the way you wish.
Four Basic Ways to Leave an Estate
By definition, estate planning is a process designed to help you manage and preserve your assets while you are alive and to conserve and control their distribution after your death according to your goals and objectives. There are four basic ways to leave an estate:
A. By WillB. By Trust
C. By Beneficiary DesignationD. By Joint Ownership Arrangements
Which method is suitable for you is not a simple answer and will depend on your particular situation.